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The Market Wrap with Adam Dawes, Senior Investment Adviser, Shaw and Partners

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Manage episode 483681072 series 2479973
Content provided by Nine Radio and Money News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nine Radio and Money News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

A credit rating downgrade of the US hurt the Australian share market, but how significant is it for investors?

MARKET WRAP:

  • ASX200: down 0.58%, 8295
  • GOLD: $3,187 US/ounce
  • BITCOIN: $160,591
  • Dominos Pizza down 2.6% as the company announced CEO Kerri Hayman would step down in August.
  • Mineral Resources down 8.8% to $24.08 on the appointment of Malcolm Bundey as Non-Executive Director.
  • BHP down 2.4%, Fortescue losing 4.9% and Bluescope, down 2.6%.
  • Evolution Mining rose 3.2%, Northern Star lifted 1.9% and Capricorn was up 3.4%.
  • Origin Energy up 1.2% to $11.06.
  • Higher by 1% was CBA, REA Group and Pro Medicus.

CURRENCY UPDATE:

  • AUD/USD: 64.2
  • AUD/GBP: 48 pence
  • AUD/EUR: 57 Euro cents
  • AUD/JPY: 93 yen
  • AUD/NZD: 1.09 Dollars

See omnystudio.com/listener for privacy information.

  continue reading

107 episodes

Artwork
iconShare
 
Manage episode 483681072 series 2479973
Content provided by Nine Radio and Money News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nine Radio and Money News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

A credit rating downgrade of the US hurt the Australian share market, but how significant is it for investors?

MARKET WRAP:

  • ASX200: down 0.58%, 8295
  • GOLD: $3,187 US/ounce
  • BITCOIN: $160,591
  • Dominos Pizza down 2.6% as the company announced CEO Kerri Hayman would step down in August.
  • Mineral Resources down 8.8% to $24.08 on the appointment of Malcolm Bundey as Non-Executive Director.
  • BHP down 2.4%, Fortescue losing 4.9% and Bluescope, down 2.6%.
  • Evolution Mining rose 3.2%, Northern Star lifted 1.9% and Capricorn was up 3.4%.
  • Origin Energy up 1.2% to $11.06.
  • Higher by 1% was CBA, REA Group and Pro Medicus.

CURRENCY UPDATE:

  • AUD/USD: 64.2
  • AUD/GBP: 48 pence
  • AUD/EUR: 57 Euro cents
  • AUD/JPY: 93 yen
  • AUD/NZD: 1.09 Dollars

See omnystudio.com/listener for privacy information.

  continue reading

107 episodes

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